Meerim Osmonalieva Group

O. Meerim is the leader of the group. She's 36 years old. Meerim is married and has 2 children: a daughter and a son. Her son studies at school, he's 14 years old. And her daughter is just 3. Meerims's husband helps her with housework. Both of them are engaged in cattle breeding for about 15 years. They got cattle in inheritance. The initial amount of their business activity was 10000 soms (318.24$). Now they earn 4500 soms (98.2$) per month. Money received from loan, they will spend to buy a heifer for further breeding. In near future she plans to build a shed, repair the house, to buy furniture and to save money for her children's education.

O. Kachkyn is 54 years old; she's married and has raised 3 sons and a daughter. A daughter and an older son are married and live separately with their families. Other sons work in Bishkek. Kachkyn's husband works a constructor, he also helps her with housework when he's free. Several years ago they got a loan in amount of 10000 soms (218.25$), on which they bought 2 calves in order to resale them. Kachkyn is engaged in cattle breeding for 10 years, she also sells milk to make money. Thanks to this activity she could marry her children. Now she wants to get a loan, because she needs money to purchase a heifer. Her future plans are: to increase the livestock, and to save money for her sons marriage.

M. Nazgul is 32 years old. She has 3 daughters and a son, the older daughter studies at school, the others are preschool age. Nazgul and her husband are engaged in cattle breeding for 10 years. In order to start their business, they got a loan in amount of 14000 soms (305.54$), on this money they bought a cow. Nazgul also sells milk for making money. Thanks to this activity they earn 6000 soms (130.95$) per month, so as a result they could buy a car and increase the number of cows. Now they need a loan to purchase a calf, after fattening it will be resold. In future they wish to build a new house.

O. Aksaana is the treasurer of the group. She's 33, married and has 3 sons. The older son studies at school, the others are preschool age. Her husband is engaged in transportation of passengers around a city. They started their business activity 5 years ago, with the initial amount of 70000 soms (1527.71$). The made money, having sold the harvest and so they could buy a car. Money received from loan, will be spent for repairing the truck. In future they want to change a car, open a store, and buy a house.
--- Where Did This Loan Come From? ---
This loan is brought to you by Mol Bulak Finance, a young and ambitious socially-focused MFI in Kyrgyzstan.
Mol Bulak Finance is strongly committed to the principles of sustainable development on the basis of 3-Ps concept - People (building human capital and taking care of its customers and the society as well), Profit (to be profitable to grow further) and the Planet (taking care of the environment). It is also the only MFI in Kyrgyzstan who delivers its services to customers 365 days a year. To learn more about Mol Bulak and view a Video presentation about the organization, please visit: http://www.kiva.org/about/aboutPartner?id=135
If you would like to support and learn more about Kyrgyzstan and micro-finance in Central Asia, please join our Lending Team - Supporters of Kyrgyzstan - at http://kiva.org/team/kyrgyzstan. Members will get special updates and news from the Kiva Fellows in Kyrgyzstan and Mol Bulak staff.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.